Indian economy to tail Pakistan, other South Asian economies due to Covid-19

India’s failure to contain the spread of the Covid-19 outbreak is going to have a huge impact on the economy of the...

Spain’s home working draft bill to make employers pay for expenses

MADRID: The Spanish government has agreed with unions and business leaders to make employers cover home working expenses after the coronavirus pandemic...

TikTok removes over 104 million videos in first-half for violating guidelines

BEIJING: ByteDance-owned short-video app TikTok said on Tuesday it removed over 104 million videos from its platform globally in the first half...

Global banks seek to contain damage over $2tr of suspicious transfers

HONG KONG: Global banks faced a fresh scandal about dirty money on Monday as they sought to limit the fallout from a...

Dollar hits six-week highs, traders shun riskier currencies

LONDON: The dollar rose on Tuesday to six-week highs, extending gains from the previous session, as markets turned risk-averse over a surge...

Covid-19 vaccine verdicts loom as next big market risk

NEW YORK: Optimism that vaccines are on the way to end the coronavirus pandemic has been a major factor in this year’s...

Trump vows to block any TikTok deal that allows Chinese control

WASHINGTON: A deal to restructure ownership of the popular video app TikTok was thrown into doubt Monday by President Donald Trump, who...

Rolls-Royce shares hit 16-year low on mooted $3 billion equity raising

LONDON: Rolls-Royce shares hit 16-year lows on Monday after the engine maker confirmed it was considering a rights issue of up to...
GasPort LNG terminal

Mideast energy forum takes shape to promote gas exports

JERUSALEM: Seven energy ministers will sign the charter of a new Middle East energy forum that will promote natural gas exports from...

Lockdown worries knock European stocks, banks hit by reports of illicit money flows

BERLIN: European stocks headed for their worst fall in almost two months on Monday, hit by worries about a surge in coronavirus...

India’s Nobel laureate fears upsurge in child labour as pandemic shrivels economy

NEW DELHI: For four decades Indian Nobel peace laureate Kailash Satyarthi rescued thousands of children from the scourge of slavery and trafficking...

Oil prices steady as third storm in month takes aims at US

SINGAPORE: Oil prices edged higher on Monday as a tropical storm took aim for the US Gulf of Mexico region halting some...

China does not have a timetable for ‘unreliable entities list’

NINGBO: China said it did not have a timetable or pre-set names of companies on its ‘unreliable entities list’ but if foreign...

India passes farm bills amid protest from opposition parties

NEW DELHI: India’s parliament on Sunday passed new bills the government says will make it easier for farmers to sell their produce...

Iran’s rial hits record low as tension spikes with the US

DUBAI:  The Iranian rial fell to a record low against the US dollar on the unofficial market on Sunday, a day after...